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1-10 of 82 news
Jamaica Central Bank Governor Calls Devaluation Beneficial
- Country news
- 6 days ago
- by Xinhua News Agency
KINGSTON , 2013-06-13 (Xinhua) -- The governor of Jamaica's central bank says depreciation of the region's currency was expected , beneficial for export-driven economic growth. "The BOJ's commitment to a flexible exchange rate , low inflation provides us with the combination that is most conducive to maintaining a competitive export-driven growth in Jamaica , that's what we...
- Countries : Jamaica
Jamaican Currency Depreciates To Historic Low
- Country news
- Jun 8, 2013
- by Xinhua News Agency
KINGSTON , 2013-06-07 (Xinhua) -- The Jamaican currency reached a historic low against the benchmark U.S. dollar on Friday as the weighted average selling rate climbed to 100.08 Jamaican dollars to the greenback, as reported by the Bank of Jamaica (BOJ). The local currency also lost ground against the Canadian dollar , the British pound sterling. Just over a year ago the U.S....
- Countries : Jamaica
Jamaica Country Update - 2013-06-01
- Country news
- Jun 1, 2013
- by Economist Intelligence Unit
Outlook for 2013-17: Forecast summary Forecast summary ( % unless otherwise indicated) 2012 a 2013 b 2014 b 2015 b 2016 b 2017 b Real GDP growth d -0.4 0.2 1.3 1.9 2.2 2.0 Gross fixed investment growth d -1.0 1.5 2.0 4.0 5.0 4.0 Unemployment rate (av) 14.3 14.6 14.5 14.0 13.5 13.0 Consumer price inflation (av)...
- Countries : Jamaica
Jamaica Country Update - 2013-05-20
- Country news
- May 20, 2013
- by Economist Intelligence Unit
region BRIEFING FROM THE ECONOMIST INTELLIGENCE UNIT 2011 2012 2013 2014 2015 Nominal lending rate 19.5 17.6 17.3 17.0 17.0 Real lending rate 11.1 10.0 7.6 10.2 9.4 Download the numbers in Excel ...
- Countries : Jamaica
Quick View - Reserves Loss Slows In April
- Country news
- May 8, 2013
- by Economist Intelligence Unit
Event Jamaica's net international reserves shrank by US$18m in April to US$866m , a drop of 2 % from the previous month. This marked a slowdown in the rate of monthly reserves loss from 5.9 % in March. Nonetheless, the cumulative decline year to date was large, at US$259m , or 23 % since the end of 2012. Analysis The decline in net reserves in the 1st 4 months of 2013 came on the ...
- Countries : Jamaica
Jamaica Country Update - 2013-05-08
- Country news
- May 8, 2013
- by Economist Intelligence Unit
Outlook for 2013-17: Forecast summary Forecast summary ( % unless otherwise indicated) 2012 a 2013 b 2014 b 2015 b 2016 b 2017 b Real GDP growth c -0.4 0.2 1.3 1.9 2.2 2.0 Gross fixed investment growth c -1.0 1.5 2.0 4.0 5.0 4.0 Unemployment rate (av) 14.3 14.5 14.5 14.0 13.5 13.0 Consumer price inflation (av)...
- Countries : Jamaica
Quick View - Another Large Current-account Deficit Posted
- Country news
- Apr 29, 2013
- by Economist Intelligence Unit
Event Newly released balance-of-payments figures for 2012 show a current-account deficit of US$1.9bn , as reported by the Bank of Jamaica (the central bank). This was equivalent to 12.8 % of GDP. Analysis The large current-account shortfall was an improvement over 2011, when the deficit was US$2.1bn , or 14.3 % of GDP. Nonetheless, it highlights Jamaica's large annual financing requirem...
- Countries : Jamaica
Jamaica Country Update - 2013-04-23
- Country news
- Apr 23, 2013
- by Economist Intelligence Unit
region BRIEFING FROM THE ECONOMIST INTELLIGENCE UNIT 2011 2012 2013 2014 2015 Nominal lending rate 19.5 17.6 17.3 17.0 17.0 Real lending rate 11.1 10.0 8.5 10.1 9.2 Download the numbers in Excel ...
- Countries : Jamaica
Central Bank Moves To Ease Depreciation Pressures
- Country news
- Apr 16, 2013
- by Economist Intelligence Unit
The Bank of Jamaica (BOJ, the central bank) commenced operations on April 9th to reduce demand for US dollars through special issues of a US-dollar-indexed bond , certificates of deposit in order to slow the depreciation of the exchange rate, which has accelerated in recent months. Although pressures on the Jamaican dollar should ease once disbursements of a newly arranged IMF loan begin,...
- Countries : Jamaica
Central Bank Moves To Ease Depreciation Pressures
- Country news
- Apr 16, 2013
- by Economist Intelligence Unit
The Bank of Jamaica (BOJ, the central bank) commenced operations on April 9th to reduce demand for US dollars through special issues of a US-dollar-indexed bond , certificates of deposit in order to slow the depreciation of the exchange rate, which has accelerated in recent months. Although pressures on the Jamaican dollar should ease once disbursements of a newly arranged IMF loan begin,...
- Countries : Jamaica
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